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PremjiInvest sets course for nearly $200 mn exit with a multi-bagger

TMT

05 February, 2024

PremjiInvest sets course for nearly $200 mn exit with a multi-bagger

PremjiInvest, the family office of Wipro’s Azim Premji, that has been active in backing both venture as well as growth......

Finance

01 February, 2024

Paytm shares plunge 20% after RBI orders payments bank unit to stop business

Shares of Indian payments firm Paytm tumbled 20% in pre-open trade on Thursday, after a move by the country's ......

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TMT

24 January, 2024

SoftBank headed for a big haircut from one of its showcase India bets

Japan’s SoftBank, known for its big-ticket private equity investments in new age tech companies in the country and ......

TMT

22 January, 2024

SoftBank-backed edtech firm Eruditus narrows FY23 losses as revenue jumps

SoftBank-backed edtech firm Eruditus narrowed its losses in the financial year ended June 2023 while its revenue jumped......

Markets

11 January, 2024

Nasdaq talks to India about overseas listings for local companies

U.S. stock exchange Nasdaq has held talks with Indian authorities on potentially allowing local Indian companies to list......

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TMT

08 January, 2024

How one of SoftBank's smallest India bets is faring as Unicommerce gets $80 mn pre-IPO tag

Japanese technology investment goliath SoftBank, which has either exited or is in the process of exiting several of its ......

TMT

05 January, 2024

Invesco raises SoftBank-backed Swiggy's valuation to $8.3 bn

U.S. asset manager Invesco has raised the valuation of Indian food delivery platform Swiggy to $8.3 billion from $7.85 ......

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General

29 December, 2023

Deals Digest: 2023 ends on a sombre note as funding activity slows in last week

Private equity and venture capital deal flow continued to drop with the year coming to an end, as deal value ......

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Finance

28 December, 2023

Flashback 2023: Early-stage funding slips as mid, late-stage deals fall off a cliff

Fewer startups raised funding in 2023 than in the previous two years of euphoria-driven dealmaking as angel investors, ......

Consumer

28 December, 2023

SoftBank, TPG, PremjiInvest, NewQuest to make partial exit in FirstCry IPO

Japanese tech investor SoftBank and several other private equity-style investors will sell part of their stakes in ......

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